Indian IT services market grows at 18.6 pc

Published: Wednesday, March 26, 2008, 15:46 [IST]

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New Delhi, Mar 26, 2008 : According to the 'Asia Pacific IT Services Market and Forecast, 2006-2011" a report by Springboard Research, the Indian information technology or IT services market will remain the fastest growing in the Asia Pacific region, with a compounded annual growth rate of 18.6 per cent.

The report projects that the IT services market in the Asia Pacific region will grow to $55.9 billion by 2011.